
\begin{tabular}{l c c c c c c}
\toprule
 & \multicolumn{3}{c}{Cross-currency Basis (bps)} & \multicolumn{3}{c}{Risk Reversals (pct)} \\
\cmidrule(lr){2-4} \cmidrule(lr){5-7}
 & (1) & (2) & (3) & (4) & (5) & (6) \\
\midrule
USD NIIP / GDP            & $-4.96$  &           &           & $-0.03$  &          &             \\
                          & $(9.77)$ &           &           & $(0.67)$ &          &             \\
USD Debt Holdings / GDP   &          & $6.64$    &           &          & $0.55$   &             \\
                          &          & $(13.95)$ &           &          & $(0.88)$ &             \\
USD Equity Holdings / GDP &          &           & $-31.82$  &          &          & $-1.21^{*}$ \\
                          &          &           & $(27.95)$ &          &          & $(0.56)$    \\
\midrule
Num. obs.                 & $2363$   & $2363$    & $2363$    & $2363$   & $2363$   & $2363$      \\
R$^2$ (full model)        & $0.64$   & $0.64$    & $0.65$    & $0.73$   & $0.73$   & $0.73$      \\
R$^2$ (proj model)        & $0.00$   & $0.00$    & $0.05$    & $0.00$   & $0.01$   & $0.01$      \\
\bottomrule
\end{tabular}
